The leu last tumbled to an all-time low of 4.7808 against the euro on November 21, 2019.

On Wednesday (February 19), the leu stood at 4.7789 per euro, gaining slightly from 4.7800 to the euro a day before.

The national currency also depreciated against the US dollar, reaching 4.4307 units, from 4.4241 units previously.

The price of gold stagnated at RON229.

Economic analyst Dragos Cabat said the leu would have reached 4.8-4.85 units per euro if the central bank had not intervened in the last month to reverse the depreciation trend of the leu.